Vista Equity Partners and KnowBe4 have struck a deal to take the security awareness giant private for $4.6 billion in this week's second massive security acquisition. The agreement comes after the Austin, Texas-based investment firm upped its offer by $380 million, or nearly 4%, to $24.90 per share.
Business Email Compromise (BEC) losses are up 51% year-over-year according to the FBI Crime Report. Additionally, Ransomware is surging, with more than double the number of incidents reported. It takes a defense-in-depth approach to reduce the risk of these popular threats. By understanding the current threats and...
A Georgia-based cancer testing laboratory has reported to federal regulators a phishing breach affecting the sensitive information of nearly 245,000 individuals. It is the lab's second hacking breach affecting hundreds of thousands of individuals reported over the last six months.
Whether for profit or in furtherance of Russian geopolitical interests - or both - former members of the Conti ransomware group have been targeting networks operated by the Ukrainian government and businesses, as well as European nonprofit organizations, Google's Threat Analysis Group reports.
CISO Marcin Szczepanik recalls when his team's budget was cut dramatically after the onset of the pandemic. He wanted to invest in the latest state-of-the-art tools but prioritized his costs and focused on email security - a move that improved the company's level of cyber maturity.
Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.
Insurance market giant Lloyd's of London says that starting next year, its cyber insurance policies will no longer cover state-sponsored cyberattacks. But with attribution being inherently tricky, expect this move to be tested in court, says Jonathan Armstrong, a partner at Cordery law firm.
In the latest weekly update, four Information Security Media Group editors discuss key cybersecurity issues, including the high cost of BEC scams, a Cuba ransomware gang's attack on Montenegro, and why so many hacktivists couldn't overcome the technical ennui of the Russia-Ukraine cyberwar.
Ransomware gets the headlines, and phishing sets off the most alerts, but business email compromise costs enterprises the most - more than $43 billion since 2016. U.S. Secret Service agents Stephen Dougherty and Michael Johns discuss the criticality of rapid detection and response.
Identity and access management giant Okta says some customer data was exposed by the "relentless phishing campaign" that breached Twilio, which it uses to provide some SMS services. Twilio says attackers accessed data for 163 customer organizations.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
An Iranian government-backed hacking group known as Charming Kitten has updated its malware arsenal to include an email inbox scraping tool, proof of the group's dedication to developing and maintaining purpose-built capabilities. The tool spoofs the user agent to look like an outdated browser.
In the tit-for-tat world of advanced persistent threats, security measures set by Microsoft such as multifactor authentication are being met by Russian hacking group APT29 with circumvention techniques. Mandiant says it's seeing several new hacking methods by the group, also known as Cozy Bear.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
Attackers are attempting to reset the passwords of some DigitalOcean customers, the cloud infrastructure provider says. The email addresses of these customers were likely exposed in a data breach involving Mailchimp, which provided transactional email services for DigitalOcean.
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